Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin become a daily currency?
by
dionisi
on 28/03/2018, 12:14:04 UTC
Bitcoin transactions are way slower than other cryptos and fees are high, and when you pay with bitcoin you pay with only fractions of it, so do you think it is possible for bitcoin to become a daily currency? Something you can use to pay for coffee? If no, then what cryptocurrency have this potential?

It will be a daily currency till:

1) We do something about the transaction fees. Consider paying $2 as coffee price and then 1$ as additional transaction fee. Very impractical.

2) We make the bitcoins transfers instant. Consider sitting at the coffee shop for extra 10-15 minutes till the transaction is confirmed.